According to The Crypto Basic, longtime Bitcoin investor Pumpius has set deep limit orders to buy 1,000,000 XRP tokens at $1 each, following warnings from PhoenixReborn founder about a potential flash crash. The move comes as XRP trades at $2.04, with no flash crash occurring yet. Pumpius, who bought Bitcoin in 2013, aims to benefit from a potential rebound if the price drops to $1. The warning follows a similar 56% flash crash in October 2025 and concerns from trader Peter Brandt about a possible 75% Bitcoin correction. Major buyers, including Dave Portnoy, have also been accumulating XRP during market dips.
Longtime Bitcoin Investor Sets $1 Limit Orders for 1,000,000 XRP Amid Crash Fears
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